A Revitalized Car Industry Cranks Up U.S. Exports

By

Christina Rogers and

Neal E. Boudette

Updated July 2, 2013 12:03 a.m. ET

MARYSVILLE, Ohio—The U.S. auto industry, in tatters just four years ago, is emerging as an export powerhouse, driven by favorable exchange rates and labor costs in a trend experts say could drive business for many years.

In a sign of the turnaround, Honda Motor Co., once a big importer of Japanese-made cars, says it expects to export more vehicles from North America—with nearly all of them coming from its U.S. factories—than it brings...